With A Return On Equity Of 14, Has Innovex International, Inc.s Management Done Well?
| INVX Stock | 14.88 0.41 2.83% |
Slightly above 55% of Innovex International,'s investors are presently thinking to get in. The analysis of overall sentiment of trading Innovex International, stock suggests that some investors are interested at this time. Innovex International,'s investing sentiment can be driven by a variety of factors including economic data, Innovex International,'s earnings reports, geopolitical events, and overall market trends.
Innovex |
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Innovex International, Fundamental Analysis
We analyze Innovex International,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovex International, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovex International, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Innovex International, is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Innovex International, Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Innovex International, stock to make a market-neutral strategy. Peer analysis of Innovex International, could also be used in its relative valuation, which is a method of valuing Innovex International, by comparing valuation metrics with similar companies.
Peers
Innovex International, Related Equities
| DTI | Drilling Tools | 4.26 | ||||
| CLB | Core Laboratories | 2.68 | ||||
| VTOL | Bristow | 1.73 | ||||
| BKR | Baker Hughes | 1.32 | ||||
| WFRD | Weatherford International | 1.01 | ||||
| EFXT | Enerflex | 0.98 | ||||
| DWSN | Dawson Geophysical | 0.73 | ||||
| TS | Tenaris SA | 0.51 | ||||
| WTTR | Select Energy | 0.29 | ||||
| CHX | ChampionX | 0.18 |
Additional Tools for Innovex Stock Analysis
When running Innovex International,'s price analysis, check to measure Innovex International,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.